1 Supplemental Operating and Financial Data 2Q2021 July 29, 2021

Table of Contents .. Company Highlights Page .. Company Overview 4 .. Key Financial Metrics 5 .. Business Segment Disclosure 6 .. Financial Schedules 8 .. Debt Statistics 17 .. Unconsolidated Joint Ventures 20 .. Transaction Activity 21 .. Multifamily Portfolio .. Operating Schedules 23 .. Financial Statements 26 .. Office Portfolio .. Property Listing 29 .. Operating Schedules 30 2Q 2021 2 This Supplemental Operating and Financial Data should be read in connection with the Company’s second quarter 2021 earnings press release (included as Exhibit 99.2 of the Company’s Current Report on Form 8-K, filed on July 28, 2021) and quarterly report on Form 10-Q for the quarter ended June 30, 2021, as certain disclosures, definitions and reconciliations in such announcement have not been included in this Supplemental Operating and Financial Data. The Upton – Short Hills, NJ (Commenced Lease-Up) RiverHouse 9 - Weehawken, NJ (In-Construction) The Capstone – West New York, NJ (Commenced Lease-Up)

3 Company Highlights 2Q 2021 3

4 2Q 2021 Second Quarter Highlights & Key Stats CLI Company Highlights • Net income (loss) of $(0.81) per share for the second quarter 2021, compared to $(0.41) for the second quarter 2020 • Core Funds from Operations (“Core FFO”) per share of $0.15 for the second quarter 2021, compared to $0.28 for the second quarter 2020 • Operating multifamily portfolio was 94.4% occupied as of July 25, 2021, in line with pre- pandemic levels and up from 89.7% as of March 31, 2021, resulting in a 1.4% increase in sequential Net Operating Income (“NOI”) • Riverhouse 9, a 295-unit apartment building located in Port Imperial, NJ opened in June 2021 and was 59.7% leased as of July 25, 2021 • 51,600 square feet of new office leases and 23,900 square feet of lease extensions signed during the quarter, contributing to rise in Waterfront office occupancy to 75.4% as of June 30, 2021 • Suburban office disposition program substantially completed following $387 million of disposals in the quarter, resulting in $226 million of net cash proceeds • Further strengthened the balance sheet through redemption of $575 million unsecured corporate bonds and repayment of the $150 million term loan subsequent to quarter end • Expected $4-5 million of annual run-rate cash expense savings from the end of 2021 as a result of internal reorganization Key Financial Stats 2Q 2021 1Q 2021 Net Income / (Loss) per Diluted Share ($0.81) $0.06 Core FFO Per Diluted Share $0.15 $0.18 Total Equity $2.3 billion $2.1 billion Total Debt, Net $2.4 billion $2.8 billion Total Capitalization $4.7 billion $4.9 billion Debt-to-Undepreciated Assets 44.6% 48.4% Net Debt $2,359,284 $2,541,445 Annualized EBITDA $152,597 $171,092 Net Debt-to-EBITDA 15.2x 14.9x Key Portfolio Stats Residential Portfolio(1) Operating Units 5,825 5,825 % Physical Occupancy 92.3% 89.7% Average Rent Per Unit $2,914 $2,925 In-Construction Units(2) 1,616 1,616 Land Bank Units 8,510 8,510 Office Portfolio Square Feet of Office Space 5.3 million 6.8 million Consolidated In-Service Properties 9 17 % Leased Office 74.7% 74.2% % Commenced Occupancy 71.9% 72.3% Cash Rental Rate Roll-Up (13.1%) (4.2%) GAAP Rental Rate Roll-Up (9.0%) (1.1%) Average In-Place Rent Per Square Foot $40.85 $40.85

5 2Q 2021 Key Financial Metrics $ in thousands, except per share amounts and ratios Notes: See supporting “Key Financial Metrics” notes on page 34. CLI Company Highlights 2Q 2021 1Q 2021 4Q 2020 3Q 2020 2Q 2020 Net Income / (Loss) per Diluted Share (0.81) 0.06 0.67 (0.49) (0.41) Core FFO per Diluted Share (1) 0.15 0.18 0.16 0.30 0.28 Market Value of Equity (2) $2,276,673 $2,058,778 $1,763,801 $1,778,206 $2,040,913 → Common Equity (Includes OP Units) 1,759,701 1,543,511 1,250,504 1,266,854 1,531,798 → Preferred Equity (Rockpoint) 464,648 462,943 460,973 459,028 456,791 → OP Equity (Preferred OPs) 52,324 52,324 52,324 52,324 52,324 → Book Value of JV Minority Interest 42,424 43,447 44,772 45,529 46,737 Total Debt, Net 2,359,284 2,821,963 2,801,797 2,895,882 2,990,464 Total Capitalization 4,678,380 4,924,189 4,610,370 4,719,617 5,078,114 Shares and Units: Common Shares Outstanding 90,945,486 90,729,703 90,712,417 90,712,055 90,596,723 Common Units Outstanding 9,037,532 8,980,338 9,649,031 9,672,558 9,586,528 Combined Shares and Units 99,983,018 99,710,041 100,361,448 100,384,613 100,183,251 Weighted Average - Diluted (2) 99,872,946 99,760,068 100,338,165 100,306,910 100,212,820 Common Share Price ($’s): At the End of the Period $17.15 $15.48 $12.46 $12.62 $15.29 High During Period 17.95 16.80 14.67 15.85 18.83 Low During Period 15.28 11.74 10.41 12.14 12.90 Dividends Declared per Share 0.00 0.00 0.00 0.00 0.20 Debt Ratios: Net Debt to Adjusted EBITDA 15.2x 14.9x 15.8x 12.1x 13.0x Interest Coverage Ratio 2.3x 2.3x 2.1x 2.7x 2.6x Fixed Charge Coverage Ratio 1.2x 1.3x 1.3x 1.7x 1.7x Total Debt/Total Capitalization 50.4% 57.3% 60.8% 61.4% 58.9% Total Debt/Total Undepreciated Assets 44.6% 48.4% 48.3% 49.8% 50.2%

6 2Q 2021 Business Segments – Residential $ in millions Notes: 1) See Page 25 for additional information on In-Construction Properties. 2) 850 of the 8,510 units in the Land Bank are associated with sites where the Company does not own the site, but rather has the options to acquire land for development. 3) See Page 24 for additional information on Commercial Properties within Roseland. CLI Company Highlights Roseland's Residential Portfolio Units Ownership Low High 100% Roseland's share Occupancy 100% Roseland's share Operating Properties - Hudson Waterfront 3,644 85.0% 4.15% - 4.35% $69.9 $59.4 91.3% $91.7 $78.0 Operating Properties - Massachussetts 1,168 100.0% 4.35% - 4.65% 19.8 19.8 94.7% 22.7 22.7 Operating Properties - Other 1,013 61.2% 4.35% - 4.65% 14.8 9.0 92.9% 20.0 12.2 In-Construction Properties (1) 1,616 86.6% 4.50% - 4.65% (1.8) (1.6) N/A 55.7 48.2 Commercial Assets (3) 80.9% (1.0) (0.8) 71.5% 7.1 5.8 Hotels 372 100.0% (3.1) (3.1) N/A 8.9 8.9 Balance Sheet and Other Items Other Assets At Estimated Market Value Market Value Land Held for Development (2) 8,510 $45,000 - $55,000 426 Fee Income Business & Tax Credits 31 At Book Value Book Value Cash and Cash Equivalents 7 Restricted Cash 15 Rent and Account Receivables 7 Other Assets 31 Debt Operating Properties - Debt at Share (1,516) In-Construction Properties - Wholly-Owned Debt (344) In-Construction Properties - Unfunded Wholly-Owned Debt (to Achieve Stabilization) (112) In-Construction Properties - Unconsolidated JV Debt at Share (39) In-Construction Properties - Unfunded Unconsolidated JV Debt at Share (to Achieve Stabilization) (6) Hotels - Wholly-Owned Debt (89) Other Liabilities Accounts and Other Payables (83) Rockpoint Interest (465) Per Unit Value Range Annualized In-Place NOI* Stabilized NOI* Components of Net Asset Value Stabilized Cap Rate

Business Segments – Office 7 2Q 2021 $ in millions CLI Company Highlights Notes: 1) NOI excludes straight-lining of rents and FAS 141 adjustments. See Information about Net Operating Income on p. 37. 2) Represents the Hyatt Regency in Jersey City, which is not part of Roseland. 3) Estimated market values for Land Held for Development are based on the estimated buildable SF and marketable units at estimated market pricing. The low range assumes 90.0% of the high range of value. Annualized In-Place NOI* (1) Office Portfolio MSF Ownership At Share Occupancy Hudson Waterfront 4.908 100.0% $75.0 75.4% Suburban 0.835 100.0% 9.7 71.1% Office JV 0.106 31.3% 0.2 93.2% Retail 0.191 100.0% 0.0 N/A Hotel (2) 351 units 50.0% (1.4) N/A Balance Sheet and Other Items Other Assets At Estimated Market Value Low High Land Held for Development (3) $103.7 $115.3 At book value Book Value Cash and Cash Equivalents 31 Restricted Cash 1 Rent and Account Receivables 67 Other Assets 162 Debt Unsecured Revolving Credit Facility (189) Senior Unsecured Notes, Net 0 Consolidated Property Debt (398) Unconsolidated Property Debt at Share (51) Other Liabilities Accounts and Other Payables (122) Preferred Equity/LP Interests (53) Common Stock and Operating Partnership Units Outstanding Shares of Common Stock and Operating Partnership Units 100 Components of Net Asset Value

8 2Q 2021 Balance Sheet $ in thousands (unaudited) Notes: See supporting “Balance Sheet” notes on page 34 for more information. CLI Company Highlights 4Q 2020 ASSETS Office/Corp. Roseland Elim./Other Total Rental property Land and leasehold interests $66,552 $323,983 - $396,535 $389,692 Buildings and improvements 1,070,252 1,904,529 - 2,974,781 2,936,071 Tenant improvements 159,985 6,883 - 166,868 171,622 Furniture, fixtures and equipment 6,678 83,404 - 90,082 83,553 Land and improvements held for development 19,340 301,861 - 321,201 324,145 Development and construction in progress 157,922 636,347 - 794,269 733,560 1,480,729 3,263,007 - 4,743,736 4,638,643 Less – accumulated depreciation and amortization (524,003) (169,865) - (693,868) (656,331) 956,726 3,093,142 - 4,049,868 3,982,312 Rental property held for sale, net 84,834 - - 84,834 656,963 Net Investment in Rental Property 1,041,560 3,093,142 - 4,134,702 4,639,275 Cash and cash equivalents 30,633 6,995 - 37,628 38,096 Restricted cash 1,456 14,691 - 16,147 14,207 Investments in unconsolidated joint ventures 3,610 151,304 - 154,914 162,382 Unbilled rents receivable, net 65,839 4,947 - 70,786 84,907 Deferred charges, goodwill and other assets, net (1) (2) 161,613 31,010 (19,244) 173,379 199,541 Accounts receivable 1,659 2,262 - 3,921 9,378 Total Assets $1,306,370 $3,304,351 ($19,244) $4,591,477 $5,147,786 LIABILITIES & EQUITY Senior unsecured notes, net - - - - $572,653 Unsecured revolving credit facility and term loans 189,000 - - 189,000 25,000 Mortgages, loans payable and other obligations, net 397,781 1,772,503 - 2,170,284 2,204,144 Note payable to affiliate - 19,244 (19,244) - 0 Dividends and distributions payable 386 - - 386 1,493 Accounts payable, accrued expenses and other liabilities 101,180 70,141 - 171,321 194,717 Rents received in advance and security deposits 19,097 8,309 - 27,406 34,101 Accrued interest payable 1,561 4,214 - 5,775 10,001 Total Liabilities $709,005 $1,874,411 ($19,244) $2,564,172 $3,042,109 Commitments and contingencies Redeemable noncontrolling interests 52,324 464,648 - 516,972 513,297 Total Stockholders’/Members Equity 412,617 922,609 - 1,335,226 1,398,817 Noncontrolling interests in subsidiaries: Operating Partnership 132,683 - - 132,683 148,791 Consolidated joint ventures (259) 42,683 - 42,424 44,772 Total Noncontrolling Interests in Subsidiaries 132,424 42,683 - 175,107 193,563 Total Equity 545,041 965,292 - 1,510,333 1,592,380 Total Liabilities and Equity $1,306,370 $3,304,351 ($19,244) $4,591,477 $5,147,786 2Q 2021

9 2Q 2021 Income Statement – Quarterly Comparison $ in thousands, except per share amounts (unaudited) CLI Company Highlights 1Q 2021 4Q 2020 3Q 2020 2Q 2020 Office/ Corp. Less: Disc. Ops Roseland Total REVENUES Revenue from leases: Base rents $38,224 ($5,565) $30,897 $63,556 $61,620 $62,730 $62,071 $62,079 Escalations and recoveries from tenants 4,624 (300) 1,056 5,380 4,151 4,508 5,325 4,278 Real estate services 4 - 2,589 2,593 2,527 2,766 2,876 2,755 Parking income 1,228 2 2,254 3,484 3,086 3,272 4,033 3,034 Hotel income - - 2,714 2,714 1,053 997 893 772 Other income 2,733 18 769 3,520 3,656 2,291 3,999 1,279 Total revenues $46,813 ($5,845) $40,279 $81,247 $76,093 $76,564 $79,197 $74,197 EXPENSES Real estate taxes $6,301 ($790) $6,711 $12,222 $11,831 $12,881 $11,011 $10,777 Utilities 2,107 (368) 1,412 3,151 4,092 3,153 3,598 3,113 Operating services 10,671 (1,359) 9,778 19,090 15,450 17,134 19,116 15,842 Real estate service expenses 50 - 3,163 3,213 3,318 3,448 3,300 3,085 General and administrative 9,476 (2) 8,593 18,067 13,989 11,636 28,944 16,966 Dead deal and transaction-related costs 1,495 - 1,250 2,745 - - - 277 Depreciation and amortization 13,429 (253) 15,717 28,893 28,173 28,931 31,769 27,440 Property impairments 6,041 - - 6,041 - - 36,582 - Land and other impairments - - 7,519 7,519 413 (6,584) 1,292 16,846 Total expenses $49,570 ($2,772) $54,143 $100,941 $77,266 $70,599 $135,612 $94,346 Operating Income (expense) ($2,757) ($3,073) ($13,864) ($19,694) ($1,173) $5,965 ($56,415) ($20,149) OTHER (EXPENSE) INCOME Interest expense ($7,192) $277 ($9,639) ($16,554) ($17,610) ($19,197) ($20,265) ($20,611) Interest and other investment income (loss) 95 - - 95 17 1 3 7 Equity in earnings (loss) of unconsolidated joint ventures (14) - 363 349 (1,456) (3,551) 1,373 (946) Realized and unrealized gains (losses) on disposition 5,601 (2,080) - 3,521 - 13,396 - - Gain on disposition of developable land 111 - - 111 - 974 - - Gain on sale from unconsolidated joint ventures - - - - - 35,184 - - Gain (loss) from early extinguishment of debt, net (46,735) - - (46,735) - (272) - - Total other income (expense) (48,134) (1,803) (9,276) (59,213) (19,049) 26,535 (18,889) (21,550) Income from continuing operations (50,891) (4,876) (23,140) (78,907) (20,222) 32,500 (75,304) (41,699) Income from discontinued operations - 2,796 - 2,796 10,962 10,697 18,411 20,694 Realized gains (losses) on disposition - 2,080 - 2,080 22,781 35,101 15,775 (11,929) Total discontinued operations - 4,876 - 4,876 33,743 45,798 34,186 8,675 Net Income (50,891) - (23,140) (74,031) 13,521 78,298 (41,118) (32,934) Noncontrolling interest in consolidated joint ventures - - 1,198 $1,198 $1,335 $795 $895 $829 Noncontrolling interests in Operating Partnership from continuing operations 7,669 - - 7,669 2,305 (2,582) 7,770 4,527 Noncontrolling interests in Operating Partnership in discontinued operations (444) - - (444) (3,067) (4,409) (3,284) (838) Redeemable noncontrolling interest (455) - (6,016) (6,471) (6,471) (6,470) (6,471) (6,471) Net income (loss) available to common shareholders ($44,121) $0 ($27,958) ($72,079) $7,623 $65,632 ($42,208) ($34,887) Basic earnings per common share: Net income (loss) available to common shareholders ($0.81) $0.06 $0.67 ($0.49) ($0.41) Diluted earnings per common share: Net income (loss) available to common shareholders ($0.81) $0.06 $0.67 ($0.49) ($0.41) Basic weighted average shares outstanding 90,774,000 90,692,000 90,677,000 90,671,000 90,629,000 Diluted weighted average shares outstanding 99,873,000 99,760,000 100,338,000 100,307,000 100,213,000 2Q 2021

FFO & Core FFO – Quarterly Comparison 10 2Q 2021 $ in thousands, except per share amounts and ratios (unaudited) Notes: See footnotes and “Information About FFO, Core FFO, AFFO & Adjusted EBITDA” on page 33. CLI Company Highlights 2Q 2021 1Q 2021 4Q 2020 3Q 2020 2Q 2020 Net income (loss) available to common shareholders ($72,079) $7,623 $65,632 ($42,208) ($34,887) Add (deduct): Noncontrolling interest in Operating Partnership (7,669) (2,305) 2,582 (7,770) (4,527) Noncontrolling interests in discontinued operations 444 3,067 4,409 3,284 838 Real estate-related depreciation and amortization on continuing operations (1) 31,097 30,122 30,960 34,764 30,297 Real estate-related depreciation and amortization on discontinued operations 252 659 831 1,267 1,354 Property impairments on continuing operations 6,041 - - 36,582 - Impairment of unconsolidated joint venture investment (included in Equity in earnings) (2) - 2,562 - - Gain on sale from unconsolidated joint ventures - - (35,184) - - Continuing operations: Realized and unrealized (gains) losses on disposition of rental property, net (3,521) - (13,396) - - Discontinued operations: Realized and unrealized (gains) losses on disposition of rental property, net (2,080) (22,781) (35,101) (15,775) 11,929 Funds from operations (2) ($47,517) $16,385 $23,295 $10,144 $5,004 Add/(Deduct): (Gain)/Loss from extinguishment of debt, net $46,735 - $272 - - Dead deal costs and other post-sale items in Other income (1,351) (1,717) - - - Dead deal and transaction-related costs 2,745 - - 2,583 277 Land and other impairments 7,519 413 (6,584) 1,292 16,846 Gain on disposition of developable land - - (974.00) - - CEO and related management changes costs - 2,089 - - - Severance/separation costs on management restructuring 7,213 1,045 191 8,900 891 Proxy fight costs - - - 6,954 5,017 Core FFO $15,344 $18,215 $16,200 $29,873 $28,035 Diluted weighted average shares/units outstanding (7) 99,873,000 99,760,000 100,338,000 100,307,000 100,213,000 Funds from operations per share-diluted ($0.48) $0.16 $0.23 $0.10 $0.05 Core Funds from Operations per share/unit-diluted $0.15 $0.18 $0.16 $0.30 $0.28 Dividends declared per common share $0.00 $0.00 $0.00 $0.00 $0.20

AFFO & Adjusted EBITDA – Quarterly Comparison 11 2Q 2021 $ in thousands, except per share amounts and ratios (unaudited) CLI Company Highlights Notes: See footnotes and “Information About FFO, Core FFO, AFFO & Adjusted EBITDA” on page 33. 2Q 2021 1Q 2021 4Q 2020 3Q 2020 2Q 2020 Core FFO (calculated on previous page) $15,344 $18,215 $16,200 $29,873 $28,035 Add (Deduct) Non-Cash Items: Straight-line rent adjustments (3) ($2,255) ($1,279) ($2,184) ($467) $856 Amortization of market lease intangibles, net (4) (620) (1,032) (1,048) (858) (857) Amortization of lease inducements 5 (13) (21) (40) 59 Amortization of stock compensation 2,609 2,601 2,019 799 2,496 Non-real estate depreciation and amortization 329 325 342 336 482 Amortization of debt discount/(premium) and mark-to-market, net 65 167 (373) (238) (238) Amortization of deferred financing costs 1,283 907 1,467 1,074 1,060 Deduct: Non-incremental revenue generating capital expenditures: Building improvements (2,662) (2,693) (4,365) (2,975) (1,104) Tenant improvements and leasing commissions (5) (502) (770) (6,248) (4,057) (2,897) Tenant improvements and leasing commissions on space vacant for more than one year (6,354) (2,802) (2,479) (1,627) (6,068) Core AFFO (2) $7,238 $13,626 $3,310 $21,821 $21,824 Core FFO (calculated on previous page) $15,344 $18,215 $16,200 $29,873 $28,035 Deduct: Equity in earnings (loss) of unconsolidated joint ventures, net ($349) $1,456 $989 ($1,373) $946 Equity in earnings share of depreciation and amortization (2,531) (2,275) (2,371) (3,331) (3,340) Add-back: Interest expense 16,830 18,904 20,518 21,586 21,919 Recurring JV distributions 3,545 1,221 2,432 6,425 3,682 Income (loss) in noncontrolling interest in consolidated joint ventures (1,198) (1,334) (795) (895) (830) Redeemable noncontrolling interest 6,471 6,471 6,471 6,471 6,471 Income tax expense 38 115 72 84 34 Adjusted EBITDA $38,149 $42,773 $43,515 $58,840 $56,917 Net debt at period end (6) $2,359,284 $2,541,445 $2,749,493 $2,858,504 $2,950,026 Net debt to Adjusted EBITDA 15.2x 14.9x 15.8x 12.1x 13.0x

12 2Q 2021 Income Statement – Year-to-Date Comparison $ in thousands, except per share amounts (unaudited) CLI Company Highlights All Operations Less: Disc. Ops Total All Operations Less: Disc. Ops Total REVENUES Revenue from leases: Base rents $150,381 ($25,205) $125,176 $199,600 ($70,852) $128,748 Escalations and recoveries from tenants 11,754 (2,223) 9,531 16,207 (6,619) 9,588 Real estate services 5,120 - 5,120 5,748 - 5,748 Parking income 6,586 (16) 6,570 8,398 (99) 8,299 Hotel income 3,767 - 3,767 2,397 - 2,397 Other income 7,214 (38) 7,176 3,025 (4) 3,021 Total revenues $184,822 ($27,482) $157,340 $235,375 ($77,574) $157,801 EXPENSES Real estate taxes $27,583 ($3,530) $24,053 $31,959 ($10,042) $21,917 Utilities 9,597 (2,354) 7,243 12,692 (5,726) 6,966 Operating services 39,883 (5,343) 34,540 46,922 (14,859) 32,063 Real estate service expenses 6,531 - 6,531 6,807 - 6,807 General and administrative 32,071 (15) 32,056 32,810 (26) 32,784 Dead deal and transaction-related costs 2,745 - 2,745 277 - 277 Depreciation and amortization 57,978 (912) 57,066 64,042 (2,707) 61,335 Property impairments 6,041 - 6,041 - - - Land and other impairments 7,932 - 7,932 22,109 - 22,109 Total expenses $190,361 ($12,154) $178,207 $217,618 ($33,360) $184,258 Operating Income (expense) ($5,539) ($15,328) ($20,867) $17,757 ($44,214) ($26,457) OTHER (EXPENSE) INCOME Interest expense ($35,734) $1,570 ($34,164) ($44,144) $2,615 ($41,529) Interest and other investment income (loss) 112 - 112 40 (1) 39 Equity in earnings (loss) of unconsolidated joint ventures (1,107) - (1,107) (1,654) - (1,654) Realized gains (losses) and unrealized losses on disposition 28,382 (24,861) 3,521 (47,590) 39,675 (7,915) Gain on sale of land/other 111 - 111 4,813 - 4,813 Gain (loss) from early extinguishment of debt, net (46,735) - (46,735) - - - Total other income (expense) (54,971) (23,291) (78,262) (88,535) 42,289 (46,246) Income from continuing operations (60,510) (38,619) (99,129) (70,778) (1,925) (72,703) Income from discontinued operations - 13,758 13,758 - 41,600 41,600 Realized gains (losses) on disposition - 24,861 24,861 - (39,675) (39,675) Total discontinued operations - 38,619 38,619 - 1,925 1,925 Net Income (60,510) - (60,510) (70,778) - (70,778) Noncontrolling interest in consolidated joint ventures 2,533 - $2,533 1,005 - $1,005 Noncontrolling interests in Operating Partnership of income from continuing operations 9,974 - 9,974 8,089 - 8,089 Noncontrolling interests in Operating Partnership in discontinued operations (3,511) - (3,511) (185) - (185) Redeemable noncontrolling interest (12,942) - (12,942) (12,942) - (12,942) Net income (loss) available to common shareholders ($64,456) - ($64,456) ($74,811) $0 ($74,811) Basic earnings per common share: Net income (loss) available to common shareholders ($0.75) ($0.88) Diluted earnings per common share: Net income (loss) available to common shareholders ($0.75) ($0.88) Basic weighted average shares outstanding 90,733,000 90,622,000 Diluted weighted average shares outstanding 99,817,000 100,198,000 YTD 2021 YTD 2020

FFO & Core FFO – Year-to-Date Comparison 13 2Q 2021 $ in thousands, except per share amounts and ratios (unaudited) Notes: See footnotes and “Information About FFO, Core FFO, AFFO & Adjusted EBITDA” on page 33. CLI Company Highlights YTD 2021 YTD 2020 Net income (loss) available to common shareholders ($64,456) ($74,811) Add (deduct): Noncontrolling interest in Operating Partnership (9,974) (8,089) Noncontrolling interests in discontinued operations 3,511 185 Real estate-related depreciation and amortization on continuing operations (1) 61,219 67,092 Real estate-related depreciation and amortization on discontinued operations 911 2,708 Property impairments on continuing operations 6,041 - Impairment of unconsolidated joint venture investment (included in Equity in earnings) (2) - Continuing operations: Realized (gains) and unrealized losses on disposition of rental property, net (3,521) 7,915 Discontinued operations: Realized (gains) loss and unrealized losses on disposition of rental property, net (24,861) 39,675 Funds from operations (2) ($31,132) $34,675 Add/(Deduct): (Gain)/Loss from extinguishment of debt, net $46,735 - Dead deal costs and other post-sale items in Other income (3,068) - Dead deal and transaction-related costs 2,745 277 Land and other impairments 7,932 22,109 Gain on disposition of developable land - (4,813) CEO and related management changes costs 2,089 - Severance/separation costs on management restructuring 8,258 2,838 Reporting system conversion costs - 363 Proxy fight costs - 5,816 Core FFO $33,559 $61,265 Diluted weighted average shares/units outstanding (7) 99,817,000 100,198,000 Funds from operations per share-diluted ($0.31) $0.35 Core Funds from Operations per share/unit-diluted $0.34 $0.61 Dividends declared per common share $0.00 $0.40

AFFO & Adjusted EBITDA – Year-to-Date Comparison 14 2Q 2021 $ in thousands, except per share amounts and ratios (unaudited) CLI Company Highlights Notes: See footnotes and “Information About FFO, Core FFO, AFFO & Adjusted EBITDA” on page 33. YTD 2021 YTD 2020 Core FFO (calculated on previous page) $33,559 $61,265 Add (Deduct) Non-Cash Items: Straight-line rent adjustments (3) ($3,534) ($1,277) Amortization of market lease intangibles, net (4) (1,652) (1,803) Amortization of lease inducements (8) 116 Amortization of stock compensation 5,210 5,108 Non-real estate depreciation and amortization 654 932 Amortization of debt discount/(premium) and mark-to-market, net 232 (474) Amortization of deferred financing costs 2,190 2,084 Deduct: Non-incremental revenue generating capital expenditures: Building improvements (5,355) (4,350) Tenant improvements and leasing commissions (5) (1,272) (10,990) Tenant improvements and leasing commissions on space vacant for more than one year (9,156) (9,026) Adjusted FFO (2) $20,868 $41,585 Core FFO (calculated on previous page) $33,559 $61,265 Deduct: Equity in earnings (loss) of unconsolidated joint ventures, net $1,107 $1,655 Equity in earnings share of depreciation and amortization (4,806) (6,690) Add-back: Interest expense 35,734 44,144 Recurring JV distributions 4,766 6,141 Income (loss) in noncontrolling interest in consolidated joint ventures (2,532) (1,005) Redeemable noncontrolling interest 12,941 12,941 Income tax expense 153 40 Adjusted EBITDA $80,922 $118,491 Net debt at period end (6) $2,305,509 $2,950,026 Net debt to Adjusted EBITDA 14.2x 12.4x

EBITDAre – Quarterly Comparison 15 2Q 2021 $ in thousands (unaudited) Notes: (1) See unconsolidated joint venture NOI details on page 20 for 2Q 2021. See Information about Net Operating Income on p. 37. See Information About EBITDAre on page 33. CLI Company Highlights 2Q 2021 1Q 2021 4Q 2020 3Q 2020 2Q 2020 Net Income (loss) available to common shareholders ($72,079) $7,623 $65,632 ($42,208) ($34,887) Add/(Deduct): Noncontrolling interest in operating partnership (5,614) (2,305) 2,582 (7,874) (4,626) Noncontrolling interest in discontinued operations (1,611) 3,067 4,409 3,388 937 Noncontrolling interest in consolidated joint ventures (a) (1,198) (1,335) (795) (895) (829) Redeemable noncontrolling interest 6,471 6,471 6,470 6,471 6,471 Interest expense 16,830 18,904 20,518 21,586 21,919 Income tax expense 38 115 71 84 34 Depreciation and amortization 29,146 28,832 29,762 33,036 28,794 Deduct: Continuing operations: Realized and unrealized (gains) losses on disposition of rental property, net (3,521) - (13,396) - - Discontinued operations: Realized and unrealized (gains) losses on disposition of rental property, net (2,080) (22,781) (35,101) (15,775) 11,929 (Gain)/loss on sale from unconsolidated joint ventures - - (35,184) - - Equity in (earnings) loss of unconsolidated joint ventures (348) 1,456 3,551 (1,373) 946 Add: - Property Impairments 6,041 - - 36,582 - Company's share of property NOI's in unconsolidated joint ventures (1) 6,970 4,233 5,006 7,518 6,823 EBITDAre ($20,955) $44,280 $53,525 $40,540 $37,511 Add: Loss from extinguishment of debt, net 46,735 - 272 - - Severance/Separation costs on management restructuring 7,213 1,045 191 8,900 891 Dead deal costs and other post-sale items in Other income (1,351) (1,717) - - - Dead deal and transaction-related costs 2,745 - - 2,583 277 Land and other impairments 7,519 413 (6,584) 1,292 16,846 Gain on disposition of developable land - - (974) - - Proxy fight costs - - - 6,954 5,017 CEO and related management changes - 2,089 - - - Adjusted EBITDAre $41,906 $46,110 $46,430 $60,269 $60,542 (a) Noncontrolling interests in consolidated joint ventures: BLVD 425 (301) (313) (328) (395) (80) BLVD 401 (736) (767) (202) (200) (105) Port Imperial Garage South (141) (185) (153) (181) (224) Port Imperial Retail South 23 (9) (5) (3) (3) Other consolidated joint ventures (43) (61) (107) (116) (417) Net losses in noncontrolling interests ($1,198) ($1,335) ($795) ($895) ($829) Add: Depreciation in noncontrolling interest in consolidated JV's 680 697 659 661 669 Funds from operations - noncontrolling interest in consolidated JV's ($518) ($638) ($136) ($234) ($160) Add: Interest expense in noncontrolling interest in consolidated JV's 807 807 808 806 805 Net operating income before debt service in consolidated JV's $289 $169 $672 $572 $645

Same Store Performance 16 2Q 2021 $ in thousands CLI Company Highlights Notes: See supporting “Same Store Performance” footnotes on page 34. See Information about Net Operating Income on p. 37. Residential Same Store(1) 2Q 2021 2Q 2020 Change % Change 2Q 2021 2Q 2020 Change % Change 2Q 2021 1Q 2021 Change % Change Total Property Revenues (GAAP) $37,572 $39,363 ($1,791) (4.6%) $74,576 $81,518 ($6,942) (8.5%) $37,572 $37,005 $567 1.5% Real Estate Taxes $5,846 $5,418 $428 7.9% $11,521 $10,838 $683 6.3% $5,846 $5,675 $171 3.0% Payroll 2,798 3,016 (218) (7.2%) 5,449 6,134 (685) (11.2%) 2,798 2,651 147 5.6% Repairs & Maintenance 3,233 2,740 493 18.0% 5,806 4,774 1,031 21.6% 3,233 2,573 660 25.7% Utilities 1,075 1,026 50 4.8% 2,743 2,397 345 14.4% 1,075 1,667 (592) (35.5%) Insurance 838 570 268 46.9% 1,662 1,176 486 41.4% 838 825 13 1.6% Marketing 1,130 698 431 61.8% 2,201 1,407 794 56.4% 1,130 1,072 58 5.4% Management Fees & Other 1,489 1,648 (159) (9.6%) 3,158 3,284 (126) (3.8%) 1,489 1,669 (180) (10.8%) Total Property Expenses $16,408 $15,116 $1,292 8.5% $32,539 $30,011 $2,529 8.4% $16,408 $16,132 $276 1.7% Same Store GAAP NOI (2) $21,164 $24,247 ($3,083) (12.7%) $42,037 $51,508 ($9,471) (18.4%) $21,164 $20,873 $290 1.4% Total Units 5,499 5,499 - - 5,499 5,499 - - 5,499 5,499 - - % Ownership 78.7% 78.7% - - 78.7% 78.7% - - 78.7% 78.7% - - % Occupied - Average 90.6% 90.2% 0.4% - 89.5% 92.1% (2.6%) - 90.6% 88.4% 2.2% - Office Same Store(3) 2Q 2021 2Q 2020 Change % Change 2Q 2021 2Q 2020 Change % Change Total Property Revenues (GAAP) $36,241 $34,965 $1,276 3.6% $71,251 $73,409 ($2,158) (2.9%) Real Estate Taxes $5,077 $4,909 $168 3.4% $10,154 $9,816 $338 3.4% Utilities 1,701 1,500 201 13.4% 3,888 3,717 171 4.6% Operating Services 7,548 7,169 379 5.3% 14,448 14,771 (323) (2.2%) Total Property Expenses $14,326 $13,578 $748 5.5% $28,490 $28,304 $186 0.7% Same Store GAAP NOI (4) $21,915 $21,387 $528 2.5% $42,761 $45,105 ($2,344) (5.2%) Less: straight-lining of rents adj. and FAS 141 $2,073 ($564) $2,637 467.6% $3,760 $1,641 $2,119 129.1% Same Store Cash NOI $19,842 $21,951 ($2,109) (9.6%) $39,001 $43,464 ($4,463) (10.3%) Total Properties 6 6 - - 6 6 - - Total Square Footage 4,508,801 4,508,801 - - 4,508,801 4,508,801 - - % Leased 75.4% 78.6% (3.2%) - 75.4% 78.6% (3.2%) - For the Three Months Ended For the Six Months Ended For the Six Months Ended Year-over-Year Sequential Year-over-Year For the Three Months Ended For the Three Months Ended Year-over-Year Year-over-Year

17 2Q 2021 Debt Summary & Maturity Schedule $ in thousands Notes: See supporting “Debt Summary & Future Repayments Schedule” notes on page 34. CLI Company Highlights $74 $56 $214 $250 $150 $4 $148 $308 $408 $206 $293 $72 $27 $162 $88 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Debt Maturity Schedule Construction Office Secured Residential Secured Term Loan Revolver Unused Revolver Capacity Debt Breakdown % Weighted Average Weighted Average Balance of Total Interest Rate (1) Maturity in Years Fixed Rate Debt Fixed Rate Secured Debt $1,686,733 71.1% 3.72% 5.74 Subtotal: Fixed Rate Debt $1,686,733 71.1% 3.72% 5.74 Variable Rate Debt Variable Rate Secured Debt $685,133 28.9% 3.30% 2.83 Subtotal: Variable Rate Debt $685,133 28.9% 3.30% 2.83 Totals/Weighted Average $2,371,866 100.0% 3.60% 4.90 Unamortized Deferred Financing Costs (12,582) Total Consolidated Debt, net $2,359,284 Partners’ Share (74,831) CLI Share of Total Consolidated Debt, net (2) $2,284,453 Unconsolidated Secured Debt CLI Share $351,331 56.4% 3.99% 6.68 Partners’ Share 306,413 43.6% 3.99% 6.68 Total Unconsolidated Secured Debt $657,744 100.0% 3.99% 6.68

18 2Q 2021 Residential Debt Profile Notes: See supporting “Debt Profile” notes on page 34. $ in thousands CLI Company Highlights Effective June 30, December 31, Date of Lender Interest Rate (1) 2021 2020 Maturity Secured Construction Loans RiverHouse 9 (2) Bank of New York Mellon LIBOR + 2.13% 74,069 46,357 12/19/22 The Upton (3) People's United Bank LIBOR + 2.15% 55,785 42,459 03/26/23 The Charlotte (4) QuadReal Finance LIBOR + 2.70% 214,279 161,544 12/01/24 Total Secured Construction Debt $344,133 $250,360 Secured Permanent Loans Port Imperial South 4/5 Retail American General Life & A/G PC 4.56% 3,831 3,866 12/01/21 Marriott Hotels at Port Imperial Fifth Third Bank LIBOR + 3.40% 89,000 94,000 04/09/22 Portside 7 CBRE Capital Markets/FreddieMac 3.57% 58,998 58,998 08/01/23 Signature Place Nationwide Life Insurance Company 3.74% 43,000 43,000 08/01/24 Liberty Towers American General Life Insurance Company 3.37% 265,000 265,000 10/01/24 Portside 5/6 New York Life Insurance Co. 4.56% 97,000 97,000 03/10/26 BLVD 425 New York Life Insurance Co. 4.17% 131,000 131,000 08/10/26 BLVD 401 New York Life Insurance Co. 4.29% 117,000 117,000 08/10/26 145 Front Street MUFG Union Bank LIBOR + 1.84% 63,000 63,000 12/10/26 Quarry Place at Tuckahoe Natixis Real Estate Capital LLC 4.48% 41,000 41,000 08/05/27 BLVD 475 Northwestern Mutual Life 2.91% 165,000 165,000 11/10/27 RiverHouse 11 Northwestern Mutual Life 4.52% 100,000 100,000 01/10/29 Soho Lofts New York Community Bank 3.77% 160,000 160,000 07/01/29 Port Imperial South 4/5 Garage American General Life & A/G PC 4.85% 32,904 33,138 12/01/29 The Emery New York Community Bank 3.21% 72,000 72,000 01/01/31 Principal balance outstanding 1,438,733 1,444,002 Unamortized deferred financing costs (10,363) (11,595) Total Secured Permanent Debt $1,428,370 $1,432,407 Total Debt - Residential Portfolio - A $1,772,503 $1,682,767

19 2Q 2021 Office Debt Profile Notes: See supporting “Debt Profile” notes on page 34. $ in thousands CLI Company Highlights Effective June 30, December 31, Date of Lender Interest Rate (1) 2021 2020 Maturity Secured Permanent Loans 101 Hudson Wells Fargo CMBS 3.20% 250,000 250,000 10/11/26 Short Hills Portfolio Wells Fargo CMBS 4.15% - 124,500 04/01/27 111 River Apollo/Athene 3.90% 150,000 150,000 09/01/29 Principal balance outstanding 400,000 524,500 Unamortized deferred financing costs (2,219) (3,123) Total Secured Debt - Office Portfolio $397,781 $521,377 Senior Unsecured Notes: 4.500%, Senior Unsecured Notes public debt 4.61% - 300,000 04/18/22 3.150%, Senior Unsecured Notes public debt 3.52% - 275,000 05/15/23 Principal balance outstanding - 575,000 Adjustment for unamortized debt discount - (1,504) Unamortized deferred financing costs - (843) Total Senior Unsecured Notes, net: - $572,653 Secured Revolving Credit Facilities & Term Loans: Secured Revolving Credit Facility 8 Lenders LIBOR + 2.75% 162,000 - 07/25/21 Secured Term Loan 8 Lenders LIBOR + 2.25% 27,000 - Total Secured Revolving Credit Facilities & Term Loans: 189,000 - Total Debt - Office Portfolio - B 586,781 1,119,029 Total Debt - Residential Portfolio - A (from previous page) 1,772,503 1,682,767 Total Consolidated Debt: A + B = C 2,359,284 2,801,797

Unconsolidated Joint Ventures 20 2Q 2021 $ in thousands Notes: (a) The sum of property-level revenue, straight-line and ASC 805 adjustments; less: operating expense, real estate taxes and utilities. (b) Property-level revenue; less: operating expense, real estate taxes and utilities, property-level G&A expense and property-level interest expense. (c) GAAP NOI at Company’s ownership interest in the joint venture property. (d) NOI After Debt Service at Company’s ownership interest in the joint venture property, calculated as Company’s share of GAAP NOI after deducting Company’s share of the unconsolidated joint ventures’ interest expense. The Company’s share of the interest expense is $3,884,000 for 2Q 2021. See supporting “Unconsolidated Joint Ventures” notes on page 34 and Information About Net Operating Income (NOI) on page 37. CLI Company Highlights Physical CLI's Nominal 2Q 2021 Total NOI After CLI Share CLI Share CLI NOI After CLI 2Q Property Units/SF Occupancy Ownership (1) NOI (a) Debt Debt Service (b) of NOI (c) of Debt Debt Service (d) 2021 FFO Residential Urby Harborside 762 93.0% 85.0% $6,751 $192,000 $4,256 $5,738 $163,200 $3,618 $3,553 RiverTrace at Port Imperial 316 90.5% 22.5% 1,504 82,000 846 338 18,450 190 187 Capstone at Port Imperial 168 40.3% 40.0% (337) 96,419 (1,229) (135) 38,568 (492) (255) Riverpark at Harrison 141 93.6% 45.0% 352 30,192 73 158 13,586 33 31 Metropolitan 130 93.8% 25.0% 817 42,567 657 204 10,642 164 (20) Metropolitan Lofts 59 94.9% 50.0% 114 18,200 41 57 9,100 21 (12) Station House 378 91.0% 50.0% 1,379 94,244 243 690 47,122 122 103 Subtotal - Residential 1,954 87.8% 56.3% $10,580 $555,622 $4,887 $7,050 $300,668 $3,656 $3,587 Office Offices at Crystal Lake 106,345 93.2% 31.3% 132 2,122 107 41 663 33 32 Subtotal - Office 106,345 93.2% 31.3% $132 $2,122 $107 $41 $663 $33 $32 Retail/Hotel Hyatt Regency Jersey City 351 41.9% 50.0% (711) 100,000 (1,629) (356) 50,000 (815) 0 Subtotal - Retail/Hotel 41.9% 50.0% ($711) $100,000 ($1,629) ($356) $50,000 ($815) $0 Total Operating 56.4% $10,001 $657,744 $3,365 $6,735 $351,331 $2,874 $3,619 Other Unconsolidated JVs 466 - 466 235 - 235 (59) Total Unconsolidated JVs (2) $10,467 $657,744 $3,831 $6,970 $351,331 $3,109 $3,560

Transaction Activity 21 2Q 2021 $ in thousands (incl. per unit values) except per SF CLI Company Highlights Office Portfolio Number of Percentage Gross Asset Price Per Weighted Average Location Transaction Date Buildings SF Leased Value (1) SF Cap Rate 1Q 2021 Dispositions 100 Overlook Center Princeton, NJ 01/14/21 1 149,600 94.0% $38,000 $254 Metropark portfolio Edison & Iselin, NJ 03/24/21 4 926,656 91.2% 254,000 274 Total 1Q 2021 Dispositions 5 1,076,256 91.6% $292,000 $271 7.2% 2Q 2021 Dispositions (2) Short Hills portfolio Short Hills, NJ 04/20/21 4 828,413 82.0% 255,000 $308 Red Bank portfolio Red Bank, NJ 06/11/21 5 639,490 68.1% 84,000 131 Wegman's Retail Center Hanover, NJ 06/30/21 4 151,488 88.0% 46,000 304 Total 2Q 2021 Dispositions 13 1,619,391 77.1% $385,000 $238 7.6% Notes: See supporting “Transaction Activity” notes on page 35.

22 Multifamily Portfolio 2Q 2021 22

$ in thousands, except per home Operating Communities – Residential 23 2Q 2021 Notes: See Information About Net Operating Income on page 37. See supporting “Operating Communities” notes on page 35. CLI Multifamily Portfolio Average Average Percentage Percentage Revenue Revenue Rentable Avg. Year Occupied Occupied Per Home Per Home NOI* NOI* NOI* Debt Location Ownership Apartments SF Size Complete 2Q 2021 1Q 2021 2Q 2021 1Q 2021 2Q 2021 1Q 2021 YTD 2021 Balance Hudson Waterfront Liberty Towers Jersey City, NJ 100.0% 648 603,110 931 2003 92.6% 88.1% $3,284 $3,016 $3,176 $3,033 $6,209 $265,000 BLVD 425 Jersey City, NJ 74.3% 412 369,515 897 2003 87.6% 76.5% 3,092 3,064 1,531 1,474 3,005 131,000 BLVD 475 Jersey City, NJ 100.0% 523 475,742 910 2011 86.6% 80.5% 3,181 3,100 1,984 1,972 3,956 165,000 BLVD 401 Jersey City, NJ 74.3% 311 273,132 878 2016 93.9% 88.4% 3,135 3,280 1,690 1,543 3,233 117,000 Soho Lofts Jersey City, NJ 100.0% 377 449,067 1,191 2017 92.8% 89.4% 3,800 3,910 1,926 1,874 3,800 160,000 Urby Harborside Jersey City, NJ 85.0% 762 474,476 623 2017 93.0% 92.0% 2,776 2,897 3,682 3,864 7,546 192,000 RiverHouse 11 Weehawken, NJ 100.0% 295 250,591 849 2018 93.6% 94.6% 3,349 3,386 1,984 1,836 3,820 100,000 RiverTrace at Port Imperial West New York, NJ 22.5% 316 295,767 936 2014 90.5% 90.2% 2,857 2,993 1,504 1,500 3,004 82,000 Hudson Waterfront Subtotal 85.0% 3,644 3,191,400 876 91.3% 87.4% $3,150 $3,152 $17,477 17,096 34,573 $1,212,000 Massachussetts Portside at East Pier East Boston, MA 100.0% 181 156,091 862 2015 93.1% 92.0% $2,605 $2,729 $921 $985 $1,906 $58,998 Portside II at East Pier East Boston, MA 100.0% 296 235,078 794 2018 96.2% 95.8% 2,713 2,732 1,553 1,585 3,138 97,000 145 Front at City Square Worcester, MA 100.0% 365 305,656 837 2018 92.9% 94.2% 2,136 2,130 1,318 1,305 2,623 63,000 The Emery Revere, MA 100.0% 326 273,140 838 2020 96.3% 96.0% 2,081 2,071 1,152 1,108 2,260 72,000 Massachussetts Subtotal 100.0% 1,168 969,965 830 94.7% 94.8% $2,340 $2,359 $4,944 $4,983 $9,927 $290,998 Other Signature Place Morris Plains, NJ 100.0% 197 203,716 1,034 2018 96.4% 95.4% $2,642 $2,770 $770 $803 $1,573 $43,000 Quarry Place at Tuckahoe Eastchester, NY 100.0% 108 105,509 977 2016 89.8% 89.8% 3,775 3,767 494 553 1,047 41,000 RiverPark at Harrison Harrison, NJ 45.0% 141 125,498 890 2014 93.6% 93.6% 2,278 2,273 352 407 759 30,192 Metropolitan at 40 Park (2) Morristown, NJ 25.0% 130 124,237 956 2010 93.8% 96.2% 2,978 2,960 581 523 1,104 36,500 Metropolitan Lofts Morristown, NJ 50.0% 59 54,683 927 2018 94.9% 88.1% 2,993 3,145 114 202 316 18,200 Station House Washington, DC 50.0% 378 290,348 768 2015 91.0% 89.4% 2,515 2,520 1,379 1,295 2,674 94,244 Other Subtotal 61.2% 1,013 903,991 892 92.9% 92.0% $2,728 $2,760 $3,690 $3,783 $7,473 $263,136 Operating Communities Total (3) 83.9% 5,825 5,065,356 870 92.3% 89.7% $2,914 $2,925 $26,111 $25,862 $51,973 $1,766,134 Operating Highlights

Operating Communities - Commercial 2Q 2021 24 $ in thousands CLI Multifamily Portfolio Notes: See Information About Net Operating Income on page 37. Percentage Percentage Rentable Year Leased Leased NOI* NOI* NOI* Debt Commercial Location Ownership Spaces SF Complete 2Q 2021 1Q 2021 2Q 2021 1Q 2021 YTD 2021 Balance Port Imperial Garage South Weehawken, NJ 70.0% 800 320,426 2013 N/A N/A $100 ($44) $56 $32,904 Port Imperial Garage North Weehawken, NJ 100.0% 786 304,617 2015 N/A N/A (115) (154) (269) - Port Imperial Retail South Weehawken, NJ 70.0% 18,064 2013 88.1% 88.1% 210 100 310 3,831 Port Imperial Retail North Weehawken, NJ 100.0% 8,400 2015 100.0% 100.0% (179) (423) (602) - Riverwalk at Port Imperial West New York, NJ 100.0% 30,745 2008 58.0% 52.3% (9) 52 43 - Shops at 40 Park Morristown, NJ 25.0% 50,973 2010 69.0% 69.0% 237 231 468 6,067 Commercial Total 80.9% 733,225 71.5% 69.9% $244 ($238) $6 $42,802 Average Average Year Occupancy Occupancy ADR ADR NOI* NOI* NOI* Debt Hotels Location Ownership Keys Complete 2Q 2021 1Q 2021 2Q 2021 1Q 2021 2Q 2021 1Q 2021 YTD 2021 Balance Envue, Autograph Collection Weehawken, NJ 100.0% 208 2019 27.0% N/A $171 N/A $198 ($774) ($576) Residence Inn at Port Imperial Weehawken, NJ 100.0% 164 2018 76.3% 68.0% 145 121 394 (11) 383 Marriott Hotels at Port Imperial 100.0% 372 76.3% 68.0% $145 $121 $592 ($785) ($193) $89,000 Operating Highlights Summary of Consolidated RRT NOI by Type (unaudited): 2Q 2021 1Q 2021 Total Consolidated Residential - Operating Communities - from p. 23 $18,499 $18,071 Total Consolidated Commercial - (from table above) 7 (469) Total NOI from Consolidated Properties (excl unconsol. JVs/subordinated interests): $18,506 $17,602 NOI (loss) from services, land/development/repurposing & other assets (218) (49) Total NOI for RRT*: $18,288 $17,553

In-Construction Communities & Land Bank 25 2Q 2021 $ in thousands Notes: NOI amounts are projected only. See Information About Net Operating Income (NOI) on page 37. See supporting “In-Construction Communities” notes on page 35. CLI Multifamily Portfolio Apartment Third Projected Projected Projected Homes/ MCRC Party Dev Debt MCRC Initial Project StabilizedStabilizedStabilized Community Location Ownership Keys Costs Debt (1) Capital Capital Costs (2) Balance Capital Start Occupancy Stabilization Yield NOI FFO Consolidated RiverHouse 9 Weehawken, NJ 100.0% 313 $143,778 $92,000 $51,778 - $125,847 $74,069 $51,778 3Q 2018 2Q 2021 2Q 2022 6.33% $9,100 $6,110 The Upton Short Hills, NJ 100.0% 193 99,412 64,000 35,412 - 91,197 55,785 35,412 4Q 2018 1Q 2021 4Q 2021 6.31% 6,268 4,188 The Charlotte Jersey City, NJ 100.0% 750 469,510 300,000 169,510 - 383,789 214,279 169,510 1Q 2019 1Q 2022 3Q 2023 5.98% 28,100 18,350 Consolidated 100.0% 1,256 $712,700 $456,000 $256,700 $0 $551,211 $344,133 $256,700 6.12% $43,468 $28,648 Joint Ventures The Capstone West New York, NJ 40.0% 360 192,916 112,000 35,529 45,387 167,032 96,419 35,529 4Q 2017 1Q 2021 1Q 2022 6.34% 12,222 8,582 Joint Ventures 40.0% 360 $192,916 $112,000 $35,529 $45,387 $167,032 $96,419 $35,529 6.34% $12,222 $8,582 In-Construction Communities Total 86.6% 1,616 $905,616 $568,000 $292,229 $45,387 $718,243 $440,552 $292,229 6.15% $55,690 $37,230 Total Remaining Capital $187,373 $127,448 $0 Percentage Percentage Units NOI* Leased Occupied Lease-Up Communities Delivered 2Q 2021 2Q 2021 2Q 2021 RiverHouse 9 313 - 41.5% 6.1% The Upton 193 (184) 88.1% 53.4% The Capstone 360 (271) 64.4% 40.3% Lease-Up Communities Total 866 ($455) 61.4% 30.9% Potential Land Bank Units Hudson Waterfront 6,080 Greater NY/NJ 1,266 Boston Metro 1,164 Land Bank Total 8,510 Project Capitalization - Total Capital as of 2Q 2021 Development Schedule

Roseland Balance Sheet 26 2Q 2021 $ in thousands (unaudited) CLI Multifamily Portfolio 2Q 2021 1Q 2021 ASSETS Rental Property Land and leasehold interests $323,140 $323,139 Buildings and improvements 1,911,373 1,875,837 Tenant improvements 6,883 6,796 Furniture, fixtures and equipment 83,404 78,922 Land and improvements held for development 301,861 310,868 Development and construction in progress 636,346 627,035 Total Gross Rental Property 3,263,007 3,222,597 Less: Accumulated depreciation (169,865) (154,422) Net Investment in Rental Property 3,093,142 3,068,175 Assets held for sale, net - - Total Property Investments 3,093,142 3,068,175 Cash and cash equivalents 6,995 6,420 Restricted cash 14,691 13,125 Investments in unconsolidated JV's 151,304 154,534 Unbilled rents receivable, net 4,947 3,987 Deferred charges & other assets 31,010 33,258 Accounts receivable, net of allowance 2,262 2,373 Total Assets $3,304,351 $3,281,872 LIABILITIES & EQUITY Mortgages, loans payable & other obligations $1,772,503 $1,727,527 Note payable to affiliate 19,244 3,502 Accounts pay, accrued exp and other liabilities 70,141 79,717 Rents recv'd in advance & security deposits 8,309 7,248 Accrued interest payable 4,214 4,256 Total Liabilities 1,874,411 1,822,250 Redeemable noncontrolling interest - Rockpoint Group 464,648 462,943 Noncontrolling interests in consolidated joint ventures 42,683 43,706 Mack-Cali capital 922,609 952,973 Total Liabilities & Equity $3,304,351 $3,281,872

Roseland Income Statement 27 2Q 2021 $ in thousands (unaudited) CLI Multifamily Portfolio 2Q 2021 1Q 2021 4Q 2020 3Q 2020 2Q 2020 REVENUES Base rents $30,897 $29,682 $30,602 $29,238 $31,190 Escalation and recoveries from tenants 1,056 917 893 1,311 1,218 Real estate services 2,589 2,526 2,766 2,864 2,711 Parking income 2,254 1,943 1,998 2,439 1,496 Hotel income 2,714 1,053 997 893 772 Other income 769 1,195 846 913 847 Total revenues $40,279 $37,316 $38,102 $37,658 $38,234 EXPENSES Real estate taxes $6,711 $6,370 $7,377 $5,675 $6,312 Utilities 1,412 1,886 1,342 1,562 1,376 Operating services 9,778 7,655 8,948 10,267 8,172 Real estate service expenses 3,163 3,239 3,420 3,258 3,035 General and administrative 8,593 3,005 2,855 6,010 3,250 Dead deal and transaction-related costs 1,250 - - - - Depreciation and amortization 15,717 15,180 15,016 15,551 15,309 Property impairments - - - 36,582 - Land and other impairments 7,519 - - - 4,856 Total expenses $54,143 $37,335 $38,958 $78,905 $42,310 Operating Income ($13,864) ($19) ($856) ($41,247) ($4,076) OTHER (EXPENSE) INCOME Interest expense ($9,639) ($8,594) ($9,122) ($9,067) ($9,164) Interest and other investment income (loss) - - - 2 6 Equity in earnings (loss) of unconsolidated joint ventures 363 (1,337) (1,298) 880 (569) Realized and unrealized gains (losses) on disposition - - 7,164 - - Gain on sale from unconsolidated joint venture - - 35,184 - - Gain (loss) from early extinguishment of debt, net - - (272) - - Total other income (expense) ($9,276) ($9,931) $31,656 ($8,185) ($9,727) Net income (loss) ($23,140) ($9,950) $30,800 ($49,432) ($13,803) Noncontrolling interest in consolidated joint ventures $1,198 $1,304 $707 $798 $447 Redeemable noncontrolling interest (6,016) (6,016) (6,016) (6,016) (6,016) Net income (loss) available to common shareholders ($27,958) ($14,662) $25,491 ($54,650) ($19,372)

28 Office Portfolio 2Q 2021 28

Property Listing 29 2Q 2021 CLI Office Portfolio Notes: See supporting “Property Listing” notes on page 35. Avg. Base Rent Building Location Total SF Leased SF % Leased + Escalations (1) SF % Total In-Place Rent 101 Hudson Jersey City, NJ 1,246,283 1,029,991 82.6% $45.52 8,563 1% $41.99 Harborside 2 & 3 Jersey City, NJ 1,487,222 1,283,308 86.3% 41.00 22,300 1% 42.00 Harborside 5 Jersey City, NJ 977,225 533,053 54.5% 43.63 114,725 12% 44.85 Harborside 6 Jersey City, NJ 231,856 91,764 39.6% 42.50 44,222 19% 42.50 111 River Street Hoboken, NJ 566,215 460,352 81.3% 42.30 - 0% - Total Waterfront 4,508,801 3,398,468 75.4% $43.01 189,810 4% $43.84 Harborside 1 (4) Jersey City, NJ 399,578 - N/A N/A N/A N/A N/A Total Waterfront 4,908,379 3,398,468 69.2% $43.01 189,810 4% $43.84 7 Giralda Farms (2) Madison, NJ 236,674 142,136 60.1% 36.88 - 0% - 4 Gatehall Drive (2) Parsippany, NJ 248,480 101,532 40.9% 31.42 - 0% - 23 Main Street (3) Holmdel, NJ 350,000 350,000 100.0% 22.86 - 0% - Total Suburban 835,154 593,668 71.1% $27.63 - 0% $0.00 Total In-Service Office Portfolio 5,343,955 3,992,136 74.7% $40.85 189,810 4% $43.84 2021 Expirations

Leasing Rollforwards & Activity 30 2Q 2021 CLI Office Portfolio Notes: (1) Inclusive of escalations. Leasing Activity For the three months ended June 30, 2021 Number of Total Sq. Ft. Sq. Ft. Renewed Weighted Avg. Weighted Avg. Wtd. Avg. Wtd. Avg. Costs Transactions Sq. Ft. New Leases and Other Retained Sq. Ft. Term (Yrs) Base Rent ($) (1) Sq. Ft. Per Year ($) Waterfront 5 75,473 51,594 23,879 15,095 9.1 $41.98 $10.84 Suburban 1 13,131 13,131 - 13,131 11.1 33.18 5.75 Subtotals 6 88,604 64,725 23,879 14,767 9.4 $40.68 $9.95 Leasing Rollforwards For the three months ended June 30, 2021 Pct. Sq. Ft. Inventory Leased Sq. Ft. Net Sq. Ft. Pct. Leased Inventory Leased Acquired/ Acquired/ Expiring/ Incoming Leasing Inventory Leased Leased 3/31/2021 3/31/2021 3/31/2021 Disposed Disposed Adj. Sq. Ft. Sq. Ft. Activity 6/30/2021 6/30/2021 6/30/2021 Waterfront 74.2% 4,508,801 3,345,222 - - (22,227) 75,473 53,246 4,508,801 3,398,468 75.4% Class A Suburban 82.0% 828,413 678,902 (828,413) (678,902) - - - - - - Suburban 69.7% 1,474,644 1,027,501 (639,490) (436,124) (10,840) 13,131 2,291 835,154 593,668 71.1% Subtotals 74.2% 6,811,858 5,051,625 (1,467,903) (1,115,026) (33,067) 88,604 55,537 5,343,955 3,992,136 74.7% For the six months ended June 30, 2021 Pct. Sq. Ft. Inventory Leased Sq. Ft. Net Sq. Ft. Pct. Leased Inventory Leased Acquired/ Acquired/ Expiring/ Incoming Leasing Inventory Leased Leased 12/31/2020 12/31/2020 12/31/2020 Disposed Disposed Adj. Sq. Ft. Sq. Ft. Activity 6/30/2021 6/30/2021 6/30/2021 Waterfront 77.3% 4,508,801 3,485,288 - - (220,458) 133,638 (86,820) 4,508,801 3,398,468 75.4% Class A Suburban 86.6% 1,755,079 1,519,109 (1,755,079) (1,523,594) (16,251) 20,736 4,485 - - - Suburban 74.2% 1,624,244 1,205,429 (789,090) (576,977) (48,185) 13,131 (35,054) 835,154 593,668 71.1% Subtotals 78.7% 7,888,124 6,209,826 (2,544,169) (2,100,571) (284,894) 167,505 (117,389) 5,343,955 3,992,136 74.7%

31 2Q 2021 Top 15 Tenants Notes: See supporting “Top 15 Tenants” notes on page 35. CLI Office Portfolio Percentage of Annualized Company Square Percentage Year of Number of Base Rental Annualized Base Feet Total Company Lease Properties Revenue ($) (1) Rental Revenue (%)(2) Leased Leased Sq. Ft. (%) (2) Expiration John Wiley & Sons, Inc. 1 $10,888,238 8.3% 290,353 7.7% 2033 MUFG Bank, Ltd. 1 9,939,269 7.6% 237,350 6.3% 2029 Bank of America Merrill Lynch 1 9,417,902 7.2% 388,207 10.2% 2027 E*Trade Financial Corporation 1 5,396,412 4.1% 132,265 3.5% 2031 Vonage America Inc. 1 4,924,500 3.7% 350,000 9.2% 2023 Arch Insurance Company 1 4,326,008 3.3% 106,815 2.8% 2024 First Data Corporation 1 3,723,639 2.8% 88,374 2.3% (3) Sumitomo Mitsui Banking Corp. 1 3,693,106 2.8% 111,105 2.9% 2037 (4) Brown Brothers Harriman & Co. 1 3,673,536 2.8% 114,798 3.0% 2026 TP Icap Americas Holdings Inc. 1 3,446,090 2.6% 100,759 2.7% (5) Cardinia Real Estate LLC 1 3,174,886 2.4% 79,771 2.1% 2032 Natixis North America LLC 1 3,093,290 2.4% 89,907 2.4% 2021 New Jersey City University 1 2,964,822 2.3% 84,929 2.2% 2035 Zurich American Insurance Co. 1 2,915,378 2.2% 64,414 1.7% 2032 Leo Pharma Inc. 1 2,803,279 2.1% 78,479 2.1% 2027 Totals $74,380,355 56.6% 2,317,526 61.1%

32 2Q 2021 Lease Expirations Notes: See supporting “Expirations” notes on page 35. CLI Office Portfolio Net Rentable Area Percentage of Total Leased Annualized Base Average Annualized Base Rent Percentage of Annual Year of Expiration/Market Number of Subject to Expiring Square Feet Represented Rental Revenue Under Per Net Rentable Square Foot Base Rent Under Leases Expiring (1) Leases (Sq. Ft.) (2) by Expiring Leases (%) Expiring Leases ($) (3)(4) Represented by Expiring Leases ($) Expiring Leases (%) 2021 Waterfront 9 189,810 5.0 7,274,410 38.32 5.5 TOTAL – 2021 9 189,810 5.0 7,274,410 38.32 5.5 2022 Waterfront 12 102,307 2.7 4,022,019 39.31 3.1 Suburban 3 11,356 0.3 315,250 27.76 0.2 TOTAL – 2022 15 113,663 3.0 4,337,269 38.16 3.3 2023 Waterfront 12 326,899 8.6 12,498,512 38.23 9.5 Suburban 2 410,482 10.9 7,011,129 17.08 5.3 TOTAL – 2023 14 737,381 19.5 19,509,641 26.46 14.8 2024 Waterfront 16 263,231 7.0 10,837,747 41.17 8.2 TOTAL – 2024 16 263,231 7.0 10,837,747 41.17 8.2 2025 Waterfront 9 106,398 2.8 3,165,494 29.75 2.4 Suburban 2 15,808 0.4 459,539 29.07 0.4 TOTAL – 2025 11 122,206 3.2 3,625,033 29.66 2.8 2026 Waterfront 11 249,982 6.6 9,070,552 36.28 6.9 Suburban 10 73,916 1.9 2,174,970 29.42 1.7 TOTAL – 2026 21 323,898 8.5 11,245,522 34.72 8.6 2027 AND THEREAFTER Waterfront 49 1,959,844 51.7 71,814,546 36.64 54.7 Suburban 3 78,479 2.1 2,803,279 35.72 2.1 TOTAL – 2027 AND THEREAFTER 52 2,038,323 53.8 74,617,825 36.61 56.8 TOTALS BY TYPE Waterfront 118 3,198,471 84.4 118,683,280 37.11 90.3 Suburban 20 590,041 15.6 12,764,167 21.63 9.7 Totals/Weighted Average 138 3,788,512 100.0 131,447,447 34.70 100.0

FFO, Core FFO, AFFO, Adjusted EBITDA, & EBITDAre (Notes) 33 2Q 2021 Funds from operations (“FFO”) is defined as net income (loss) before noncontrolling interests of unitholders, computed in accordance with generally accepted accounting principles (“GAAP”), excluding gains or losses from depreciable rental property transactions (including both acquisitions and dispositions), and impairments related to depreciable rental property, plus real estate-related depreciation and amortization. The Company believes that FFO per share is helpful to investors as one of several measures of the performance of an equity REIT. The Company further believes that as FFO per share excludes the effect of depreciation, gains (or losses) from property transactions and impairments related to depreciable rental property (all of which are based on historical costs which may be of limited relevance in evaluating current performance), FFO per share can facilitate comparison of operating performance between equity REITs. FFO per share should not be considered as an alternative to net income available to common shareholders per share as an indication of the Company’s performance or to cash flows as a measure of liquidity. FFO per share presented herein is not necessarily comparable to FFO per share presented by other real estate companies due to the fact that not all real estate companies use the same definition. However, the Company’s FFO per share is comparable to the FFO per share of real estate companies that use the current definition of the National Association of Real Estate Investment Trusts (“NAREIT”). A reconciliation of net income per share to FFO per share is included in the financial tables above. Core FFO is defined as FFO, as adjusted for items that may distort the comparative measurement of the Company’s performance over time. Adjusted FFO ("AFFO") is defined as Core FFO less (i) recurring tenant improvements, leasing commissions and capital expenditures, (ii) straight-line rents and amortization of acquired above/below-market leases, net, and (iii) other non-cash income, plus (iv) other non-cash charges. Core FFO and AFFO are both non-GAAP financial measures that are not intended to represent cash flow and are not indicative of cash flows provided by operating activities as determined in accordance with GAAP. Core FFO and AFFO are presented solely as supplemental disclosures that the Company’s management believes provides useful information regarding the Company's operating performance and its ability to fund its dividends. There are not generally accepted definitions established for Core FFO or AFFO. Therefore, the Company's measures of Core FFO and AFFO may not be comparable to the Core FFO and AFFO reported by other REITs. A reconciliation of net income to Core FFO and AFFO are included in the financial tables above. Adjusted EBITDA is a non-GAAP financial measure. The Company computes Adjusted EBITDA in accordance with what it believes are industry standards for this type of measure, which may not be comparable to Adjusted EBITDA reported by other REITs. The Company defines Adjusted EBITDA as Core FFO , plus interest expense, plus income tax expense, plus income (loss) in noncontrolling interest in consolidated joint ventures, and plus adjustments to reflect the entity's share of Adjusted EBITDA of unconsolidated joint ventures. The Company presents Adjusted EBITDA because the Company believes that Adjusted EBITDA, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company’s ability to incur and service debt. Adjusted EBITDA should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity. EBITDAre is a non-GAAP financial measure. The Company computes EBITDAre in accordance with standards established by the National Association of Real Estate Investment Trusts, or NAREIT, which may not be comparable to EBITDAre reported by other REITs that do not compute EBITDAre in accordance with the NAREIT definition, or that interpret the NAREIT definition differently than the Company does. The White Paper on EBITDAre approved by the Board of Governors of NAREIT in September 2017 defines EBITDAre as net income (loss) (computed in accordance with Generally Accepted Accounting Principles, or GAAP), plus interest expense, plus income tax expense, plus depreciation and amortization, plus (minus) losses and gains on the disposition of depreciated property, plus impairment write-downs of depreciated property and investments in unconsolidated joint ventures, plus adjustments to reflect the entity's share of EBITDAre of unconsolidated joint ventures. The Company presents EBITDAre, because the Company believes that EBITDAre, along with cash flow from operating activities, investing activities and financing activities, provides investors with an additional indicator of the Company’s ability to incur and service debt. EBITDAre should not be considered as an alternative to net income (determined in accordance with GAAP), as an indication of the Company’s financial performance, as an alternative to net cash flows from operating activities (determined in accordance with GAAP), or as a measure of the Company’s liquidity. Information About FFO, Core FFO, AFFO, Adjusted EBITDA, & EBITDAre CLI Company Highlights Notes (1) Includes the Company’s share from unconsolidated joint ventures, and adjustments for noncontrolling interest, of $2,533 and $3,340 for the three months ended June 30, 2021 and 2020, respectively, and $4,808 and $6,689 for the six months ended June 30, 2021 and 2020, respectively. Excludes non-real estate-related depreciation and amortization of $329 and $482 for the three months ended June 30, 2021 and 2020, respectively, and $654 and $932 for the six months ended June 30, 2021 and 2020. (2) Funds from operations is calculated in accordance with the definition of FFO of the National Association of Real Estate Investment Trusts (NAREIT). See “Information About FFO, Core FFO and AFFO” below. (3) Includes free rent of $4,464 and $3,301 for the three months ended June 30, 2021 and 2020, respectively, and $8,189 and $6,257 for the six months ended June 30, 2021 and 2020, respectively. Also includes the Company's share from unconsolidated joint ventures of $46 and ($11) for the three months ended June 30, 2021 and 2020, respectively, and $134 and ($17) for the six months ended June 30, 2021 and 2020, respectively. (4) Includes the Company's share from unconsolidated joint ventures of $0 and $0 for the three months ended June 30, 2021 and 2020, respectively, and $0 and $0 for the six months ended June 30, 2021 and 2020, respectively. (5) Excludes expenditures for tenant spaces in properties that have not been owned by the Company for at least a year. (6) Net Debt calculated by taking the sum of senior unsecured notes, unsecured revolving credit facility, and mortgages, loans payable and other obligations, and deducting cash and cash equivalents and restricted cash, all at period end. (7) Calculated based on weighted average common shares outstanding, assuming redemption of Operating Partnership common units into common shares 8,765 and 9,395 for the three months ended June 30, 2021 and 2020, respectively, and 8,784 and 9,419 for the six months ended June 30, 2021 and 2020, respectively.

Appendix Key Financial Metrics - (Page 5) (1) Funds from operations (“FFO”) is calculated in accordance with the definition of the National Association of Real Estate Investment Trusts (NAREIT). See p.33 “Information About FFO, Core FFO & AFFO”. (2) Includes any outstanding preferred units presented on a converted basis into common units, noncontrolling interests in consolidated joint ventures and redeemable noncontrolling interests. Balance Sheet - (Page 8) (1) Includes mark-to-market lease intangible net assets of $49,375 and mark-to-market lease intangible net liabilities of $25,691 as of 2Q 2021. (2) Includes Prepaid Expenses and Other Assets attributable to Roseland of $12,883 as follows: (i) deposits of $6,557, (ii) other receivables of $2,650, (iii) other prepaids/assets of $1,644, and (iv) prepaid taxes of $2,032. Same Store NOI- (Page 16) (1) Values represent the Company’s pro rata ownership of operating portfolio. (2) Aggregate property-level revenue over the given period; less: operating expense, real estate taxes and utilities over the same period for the same store portfolio. (3) Office Same Store excludes discontinued operations and Harborside 1 as it was removed from service in 4Q19. (4) The aggregate sum of: property-level revenue, straight-line and ASC 805 adjustments over the given time period; less: operating expense, real estate taxes and utilities over the same period for the same store portfolio. Debt Summary & Maturity Schedule - (Page 17) (1) The actual weighted average LIBOR rate for the Company’s outstanding variable rate debt was 0.11 percent as of June 30, 2021, plus the applicable spread. (2) Minority interest share of consolidated debt is comprised of $33.7 million at Marbella, $30.1 million at M2, $9.9 million at Port Imperial South Garage, and $1.1 million at Port Imperial South Retail. (3) Debt Maturity Schedule Detail: Debt Profile - (Pages 18-19) (1) Effective rate of debt, including deferred financing costs, comprised of the cost of terminated treasury lock agreements (if any), debt initiation costs, mark-to-market adjustment of acquired debt and other transaction costs, as applicable. (2) RiverHouse 9 construction loan can be extended to 12/19/23. (3) The Upton construction loan can be extended to 9/26/24. (4) The Charlotte construction loan can be extended to 12/1/25. Unconsolidated Joint Ventures - (Page 20) (1) Amounts represent the Company’s share based on ownership percentage. (2) Unconsolidated Joint Venture reconciliation is as follows: 34 2Q 2021 2Q 2021 Equity in Earnings of Unconsolidated Joint Ventures ($348) Unconsolidated Joint Venture Funds from Operations 3,560 Joint Venture Share of Add-Back of Real Estate-Related Depreciation 3,212 Minority Interest in Consolidated Joint Venture Share of Depreciation 680 EBITDA Depreciation Add-Back $3,892 $ in thousands Construction Office Secured Residential Secured Term Loan Revolver Unused Revolver Capacity 2021 - - $4 - - - 2022 $74 - - $27 - - 2023 $56 - $148 - - - 2024 $214 - $308 - $162 $88 2025- - - - - - 2026 - $250 $408 - - - 2027 - - $206 - - - 2028- - - - - - 2029 - $150 $293 - - - 2030- - - - - - 2031 - - $72 - - -

Appendix - Continued Transaction Activity - (Page 21) (1) Acquisitions list gross purchase prices at 100% ownership level; dispositions list gross sales proceeds at 100% ownership level. (2) On April 29, 2021, the Company completed the sale of its 50% interest in 12 Vreeland, 1 office building in Florham Park, NJ, totaling 139,750 square feet, for a gross sales price of $2.0 million Operating Communities - (Page 23) (1) Unconsolidated joint venture income represented at 100% venture NOI. See Information on Net Operating Income (NOI) on page 37. (2) As of June 30, 2021, Priority Capital included Metropolitan at $20,914,422 (Prudential). (3) Excludes approximately 121,000 SF of ground floor retail. In-Construction Communities - (Page 25) (1) Represents maximum loan proceeds. (2) Represents development costs funded with debt or capital as of June 30, 2021. (3) 850 of the 6,080 units in the Land Bank are associated with sites where the Company does not own the site, but rather has the options to acquire land for development. Property Listing - (Page 29) (1) Includes annualized base rental revenue plus escalations for square footage leased to commercial and retail tenants only. Excludes leases for amenity, parking and month-to-month tenants. Annualized base rental revenue plus escalations is based on actual June 2021 billings times 12. For leases whose rent commences after July 1, 2021 annualized base rental revenue is based on the first full month’s billing times 12. As annualized base rental revenue is not derived from historical GAAP results, historical results may differ from those set forth above. (2) These assets are under contract for sale. (3) Average base rents + escalations reflect rental values on a triple net basis. (4) Harborside 1 was taken out of service in 4Q19. Top 15 Tenants - (Page 31) (1) Annualized base rental revenue is based on actual June 2021 billings times 12. For leases whose rent commences after July 1, 2021, annualized base rental revenue is based on the first full month’s billing times 12. As annualized base rental revenue is not derived from historical GAAP results, historical results may differ from those set forth above. (2) Represents the percentage of space leased and annual base rental revenue to commercial tenants only. (3) First Data Corporation – 8,014 square feet expire in December 31, 2026; 80,360 square feet expires in 2029. (4) Sumitomo Mitsui Banking Corp – Space expires December 31, 2036. (5) TP Icap Americas Holdings – 63,372 square feet expire in 2023; 37,387 square feet expire in 2033. Lease Expirations - (Pages 32) (1) Includes office & standalone retail property tenants only. Excludes leases for amenity, retail, parking & month-to-month tenants. Some tenants have multiple leases. (2) Reconciliation to Company’s total net rentable square footage is as follows: (3) Annualized base rental revenue is based on actual June 2021 billings times 12. For leases whose rent commences after July 1, 2021 annualized base rental revenue is based on the first full month’s billing times 12. As annualized base rental revenue is not derived from historical GAAP results, historical results may differ from those set forth above. (4) Includes leases in effect as of the period end date, some of which have commencement dates in the future. 35 2Q 2021 Square Feet Square footage leased to commercial tenants 3,788,512 Square footage used for corporate offices, management offices, building use, retail tenants, food services, other ancillary service tenants and occupancy adjustments 203,624 Square footage unleased 1,351,819 Totalnetrentablesquarefootage(excludinggroundleases) 5,343,955

Global Definitions 36 Average Revenue Per Home: Calculated as total apartment revenue for the quarter divided by the average percent occupied for the quarter, divided by the number of apartments and divided by three. Operating Communities: Communities that have achieved Project Stabilization. Cash Rental Rate Roll-Up: The change in starting rent for applicable signed lease transactions in the period compared to the last month’s rent for the prior space leased. Predevelopment Communities: Communities where the Company has commenced predevelopment activities that have a near-term projected project start. Consolidated Operating Communities: Wholly owned communities and communities whereby the Company has a controlling interest. Project Completion: As evidenced by a certificate of completion by a certified architect or issuance of a final or temporary certificate of occupancy. Class A Suburban: Long-term hold office properties in targeted submarkets; formerly defined as Urban Core. Project Stabilization: Lease-Up communities that have achieved over 95 percentage leased for six consecutive weeks. Future Development: Represents land inventory currently owned or controlled by the Company. Projected Stabilized Yield: Represents Projected Stabilized Residential NOI divided by Total Costs. See following page for “Projected Stabilized Residential NOI” definition. GAAP Rental Rate Roll-Up: The change in average monthly rent for applicable signed lease transactions in the period compared to the average monthly rent for the prior space leased. Repurposing Communities: Commercial holdings of the Company which have been targeted for rezoning from their existing office to new multi-family use and have a likelihood of achieving desired rezoning and project approvals. Identified Repurposing Communities: Communities not currently owned by RRT, which have been identified for transfer from Mack-Cali to RRT for residential repurposing. Same Store Properties: Specific properties, which represent all in-service properties owned by the Company during the reported period, excluding properties sold, disposed of, held for sale, removed from service, or for any reason considered not stabilized, or being redeveloped or repositioned from January 1, 2020 through March 31, 2021. In-Construction Communities: Communities that are under construction and have not yet commenced initial leasing activities. Subordinated Joint Ventures: Joint Venture communities where the Company's ownership distributions are subordinate to payment of priority capital preferred returns. Lease-Up Communities: Communities that have commenced initial operations but have not yet achieved Project Stabilization. Suburban: Long-term hold office properties (excluding Class A Suburban and Waterfront locations); formerly defined as Suburban Core MCRC Capital: Represents cash equity that the Company has contributed or has a future obligation to contribute to a project. Third Party Capital: Capital invested by third parties and not Mack-Cali. Net Asset Value (NAV): The metric represents the net projected value of the Company’s interest after accounting for all priority debt and equity payments. The metric includes capital invested by the Company. Total Costs: Represents full project budget, including land and developer fees, and interest expense through Project Completion. Non-Core: Properties designated for eventual sale/disposition or repositioning/redevelopment. Waterfront: Office assets located on NJ Hudson River waterfront. 2Q 2021

Information About Net Operating Income (NOI) 37 2Q 2021 NOI represents total revenues less total operating expenses, as reconciled to net income above. Same Store GAAP NOI and Same Store Cash NOI are reconciled to Total Property Revenues on page 14. The Company considers NOI, Same Store GAAP NOI, and Same Store Cash NOI to be meaningful non-GAAP financial measures for making decisions and assessing unlevered performance of its property types and markets, as it relates to total return on assets, as opposed to levered return on equity. As properties are considered for sale and acquisition based on NOI estimates and projections, the Company utilizes this measure to make investment decisions, as well as compare the performance of its assets to those of its peers. NOI should not be considered a substitute for net income, and the Company’s use of NOI, Same Store GAAP NOI, Same Store Cash NOI may not be comparable to similarly titled measures used by other companies. The Company calculates NOI before any allocations to noncontrolling interests, as those interests do not effect the overall performance of the individual assets being measured and assessed. Definition of Net Operating Income (NOI) Reconciliation of Net Income (Loss) to Net Operating Income (NOI) $ in thousands (unaudited) Office/Corp Roseland Total Office/Corp Roseland Total Net Income (loss) ($50,891) ($23,140) ($74,031) $23,471 ($9,950) $13,521 Deduct: Real estate services income (4) (2,589) (2,593) (1) (2,526) (2,527) Interest and other investment loss (income) (95) - (95) (17) - (17) Equity in (earnings) loss of unconsolidated joint ventures 14 (363) (349) 119 1,337 1,456 General & Administrative - property level - (1,501) (1,501) - (1,326) (1,326) Realized and unrealized (gains) losses on disposition (5,601) - (5,601) (22,781) - (22,781) (Gain) loss on disposition of developable land (111) - (111) - - - (Gain) loss from early extinguishment of debt, net 46,735 - 46,735 - - - - - - Add: Real estate services expenses 50 3,163 3,213 79 3,239 3,318 General and administrative 9,476 8,593 18,069 10,997 3,005 14,002 Dead deal and transaction-related costs 1,495 1,250 2,745 Depreciation and amortization 13,429 15,717 29,146 13,652 15,180 28,832 Interest expense 7,192 9,639 16,831 10,309 8,594 18,903 Property impairments 6,041 - 6,041 - - - Land impairments - 7,519 7,519 413 - 413 Net operating income (NOI) $27,730 $18,288 $46,018 $36,241 $17,553 $53,794 2Q 2021 1Q 2021

38 2Q 2021 Company Information, Executive Officers, & Analysts Company Information Corporate Headquarters Stock Exchange Listing Contact Information Mack-Cali Realty Corporation New York Stock Exchange Mack-Cali Realty Corporation Harborside 3, 210 Hudson St., Ste. 400 Investor Relations Department Jersey City, New Jersey 07311 Trading Symbol Harborside 3, 210 Hudson St., Ste. 400 (732) 590-1010 Common Shares: CLI Jersey City, New Jersey 07311 David Smetana Chief Financial Officer Phone: (732) 590-1035 E-Mail: Dsmetana@mack-cali.com Web: www.mack-cali.com Executive Officers Mahbod Nia David Smetana Gary Wagner Ricardo Cardoso Chief Executive Officer Chief Financial Officer General Counsel and Secretary EVP and Chief Investment Officer Anna Malhari Giovanni M. DeBari Chief Operating Officer Chief Accounting Officer Equity Research Coverage Bank of America Merrill Lynch Citigroup Green Street Advisors Truist James C. Feldman Michael Bilerman Danny Ismail Michael R. Lewis BTIG, LLC Deutsche Bank North America JP Morgan Evercore ISI Thomas Catherwood Derek Johnston Anthony Paolone Steve Sakwa Any opinions, estimates, forecasts or predictions regarding Mack-Cali Realty Corporation's performance made by these analysts are theirs alone and do not represent opinions, estimates, forecasts or predictions of Mack‑Cali Realty Corporation or its management. Mack-Cali does not by its reference above or distribution imply its endorsement of or concurrence with such opinions, estimates, forecasts or predictions.

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS The Company considers portions of this information, including the documents incorporated by reference, to be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of such act. Such forward-looking statements relate to, without limitation, our future economic performance, plans and objectives for future operations and projections of revenue and other financial items. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “potential,” “projected,” “should,” “expect,” “anticipate,” “estimate,” “target”, “continue” or comparable terminology. Forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which we cannot predict with accuracy and some of which we might not even anticipate. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, the Company can give no assurance that such expectations will be achieved. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Among the factors about which the Company has made assumptions are: -risks and uncertainties affecting the general economic climate and conditions, which in turn may have a negative effect on the fundamentals of the Company’s business and the financial condition of the Company’s tenants and residents; -the value of the Company’s real estate assets, which may limit the Company’s ability to dispose of assets at attractive prices or obtain or maintain debt financing secured by our properties or on an unsecured basis; -the extent of any tenant bankruptcies or of any early lease terminations; -The Company’s ability to lease or re-lease space at current or anticipated rents; -changes in the supply of and demand for the Company’s properties; -changes in interest rate levels and volatility in the securities markets; -The Company’s ability to complete construction and development activities on time and within budget, including without limitation obtaining regulatory permits and the availability and cost of materials, labor and equipment; -forward-looking financial and operational information, including information relating to future development projects, potential acquisitions or dispositions, leasing activities, capitalization rates and projected revenue and income; -changes in operating costs; -The Company’s ability to obtain adequate insurance, including coverage for terrorist acts; -The Company’s credit worthiness and the availability of financing on attractive terms or at all, which may adversely impact our ability to pursue acquisition and development opportunities and refinance existing debt and the Company’s future interest expense; -changes in governmental regulation, tax rates and similar matters; and -other risks associated with the development and acquisition of properties, including risks that the development may not be completed on schedule, that the tenants or residents will not take occupancy or pay rent, or that development or operating costs may be greater than anticipated. In addition, the extent to which the ongoing COVID-19 pandemic impacts us and our tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact, and the direct and indirect economic effects of the pandemic and containment measures, among others. For further information on factors which could impact us and the statements contained herein, see Item 1A: Risk Factors in MCRC’s Annual Report on Form 10-K for the year ended December 31, 2020. We assume no obligation to update and supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. This Supplemental Operating and Financial Data is not an offer to sell or solicitation to buy any securities of the Mack-Cali Reality Corporation (“MCRC”). Any offers to sell or solicitations of the MCRC shall be made by means of a prospectus. The information in this Supplemental Package must be read in conjunction with, and is modified in its entirety by, the Quarterly Report on Form 10-Q (the “10-Q”) filed by the MCRC for the same period with the Securities and Exchange Commission (the “SEC”) and all of the MCRC’s other public filings with the SEC (the “Public Filings”). In particular, the financial information contained herein is subject to and qualified by reference to the financial statements contained in the 10-Q, the footnotes thereto and the limitations set forth therein. Investors may not rely on the Supplemental Package without reference to the 10-Q and the Public Filings. Any investors’ receipt of, or access to, the information contained herein is subject to this qualification. 39 2Q 2021